In accordance with Section 3-b, Article 8 of the Charterfor the ASOSAI, the annual contribution shall be equal to the member’s annual contribution to the INTOSAI, which amount shall in no case be less than USD 500.

The ASOSAI annual contribution is determined in the year of the INTOSAI Congress (INCOSAI) by applying the ‘Representative Exchange Rate for Selected Currencies’ reported by the IMF on 31 December of that year, pursuant to Rule 11-13, Financial Rules for the ASOSAI.

The 22nd INCOSAI held in December 2016 announced the increase of annual contribution by 3.89%. Accordingly, the ASOSAI Secretariat adjusted the amount of the annual contribution by applying the exchange rate (1.0541 USD/EUR) reported by the IMF on 30 December 2016.

The exchange rate shall be maintained for three years until the year of the next INCOSAI when the INTOSAI annual contribution is re-estimated. Unless the annual contribution of the INTOSAI is changed, the ASOSAI annual contribution remains unchanged.

Therefore, the ASOSAI Annual Contribution for FY 2018 will be as follows:

INTOSAI Contribution Group¹

(Range contributed to the UN Budget (%))

INTOSAI Contribution

IN EUR

ASOSAI Contribution

IN USD

VII (≤0.049)

459

500²

VI (0.050 to 0.099)

672

708

V (0.100 to 0.999)

2,665

2,809

IV (1 to 3.999)

5,331

5,619

III (4 to 10.999)

10,661

11,238

II (11 to 19.999)

17,783

18,745

I (≥20)

26,663

28,105

1.INTOSAI Contribution Group is based on the classifications used by the UN, which was decided by UN General Assembly (annexed)

2. USD 483 (equal to EUR 459) was adjusted to USD 500 for contribution shall in no case be less than USD 500.